iStock.com/Diy13 October 17 Marijuana Legalization The day had been marked in our calendars for a long time: the October 17 marijuana legalization in Canada. But now it has finally arrived, and with it comes a reconfiguration of the marijuana stocks landscape. This will by no means take place overnight,... Read more
iStock.com/HighGradeRoots APHQF Stock: A Break Above Resistance at $16.00 Will Set the Wheels in Motion Marijuana is legal in Canada. This event has now come and gone, and I have to say, the way this sector performed on the first day of legalization caught me a bit off guard.... Read more
iStock.com/jamesteohart Contrarian Casa Systems Aims to Re-Energize Business My contrarian pick for today is Casa Systems Inc (NASDAQ:CASA), which has been kicked to the curb by investors, off a whopping 59% from its initial public offering (IPO) high of $34.21 in March 2018. CASA stock looks pretty horrific on the... Read more
iStock.com/vzphotos NVDA Stock: This Is Why Further Selling Is Expected to Follow October is historically a bad month for stocks, and 2018 is no exception. I am focusing on NVIDIA Corporation (NASDAQ:NVDA) stock because the pillars of support that have been responsible for supporting NVDA stock in recent years have... Read more
iStock.com/Darren415 Marijuana News Today Despite a string of positive stories recently, the marijuana news today is rather dour as the cannabis stock market faces a massive, near-universal pullback and Canada faces supply shortages post-legalization. Let’s start with the supply shortage news. As I predicted, we have been seeing marijuana... Read more
iStock.com/The-Vagabond Marijuana News Today It’s day two of marijuana legalization in Canada. As such, in the marijuana news today, we’re examining some of the developments we’ve seen in the aftermath of October 17, including a pot stock market rally, the cannabis prices in Canada, and stores being short on weed... Read more
iStock.com/stuartmiles99 I.D. Systems Has Lofty Ambitions in Machine-to-Machine Technology The recent selling capitulation in higher-beta technology stocks should not be viewed as a reason to exit the risk on trade, but rather an aggressive opportunity to enter. My investment strategy is not based on the real-time trading of a... Read more
iStock.com/Krizde Should You Consider Marijuana Stocks for 2019? The Canada marijuana legalization experiment is now fully underway, with the drug now officially available across the country. This is leaving many investors asking if they are too late to the party. In other words, has the marijuana industry already seen... Read more
iStock.com/ipopba Twilio Stock Will Ride Out of Choppy Waters Twilio Inc (NYSE:TWLO) released a statement Monday that it will buy the e-mail marketing company, SendGrid Inc (NYSE:SEND) for $2.0 billion, in an all-stock transaction. (Source: “Twilio to acquire SendGrid, the Leading Email API Platform,” Twilio Inc, October 15, 2018.)... Read more
iStock.com/OlegMalyshev Marijuana News Today In what should come as no surprise, the marijuana news today continues to track the effects of Canadian marijuana legalization, with shortages hitting certain provinces as consumers continue to come in waves for pot. In Nova Scotia, a smaller province in Canada, we’re seeing marijuana... Read more
